Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.4389392 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance zone at 1.427 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Three White Soldiers’ candle chart pattern is found. The candles form ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.4626 |
| 2nd High | 1.4573 |
| Next High | 1.427 |
| Current Price | 1.424800000 |
| Next Low | 1.3795 |
| 2nd Low | 1.3716 |
| 3rd Low | 1.3644 |
1.427 – 1.4215 – 1.4573 – 1.3795 – 1.3802 – 1.3831 —
1.419000000 – 1.419000000 —
65.160100769699 – 63.083249157471 —
– —
1.427 – 1778266800
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers – – –